XML 46 R34.htm IDEA: XBRL DOCUMENT v3.25.0.1
BALANCE SHEET DETAILS - CURRENT ASSETS AND CURRENT LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Inventories, Net

Inventories, net

The following table shows the components of inventory (in thousands):

 

 

 

December 31, 2024

 

 

December 31, 2023

 

Raw materials

 

$

12,928

 

 

$

5,022

 

Work in progress

 

 

1,828

 

 

 

 

Finished goods

 

 

2,897

 

 

 

16

 

Total inventories

 

 

17,653

 

 

 

5,038

 

Allowance for obsolete inventory

 

 

(151

)

 

 

(4

)

Inventories, net

 

$

17,502

 

 

$

5,034

 

Summary of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets

The following table shows the components of prepaid expenses and other current assets (in thousands):

 

 

 

December 31, 2024

 

 

December 31, 2023

 

Prepaid expenses:

 

 

 

 

 

 

Deposits on inventory

 

$

551

 

 

$

2,146

 

Prepaid income tax

 

 

1,293

 

 

 

362

 

Prepaid insurance

 

 

958

 

 

 

1,110

 

Prepaid rent

 

 

449

 

 

 

372

 

Prepaid equipment

 

 

263

 

 

 

331

 

Prepaid other

 

 

361

 

 

 

214

 

Other current assets:

 

 

 

 

 

 

Other

 

 

 

 

 

18

 

Total

 

$

3,874

 

 

$

4,553

 

Summary of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities

The following table shows the components of accrued expenses and other current liabilities (in thousands):

 

 

 

December 31, 2024

 

 

December 31, 2023

 

Accrued expenses:

 

 

 

 

 

 

Accrued compensation and related benefits

 

$

4,497

 

 

$

4,999

 

Accrued insurance

 

 

645

 

 

 

978

 

Accrued transaction advisory fees

 

 

 

 

 

1,000

 

Accrued professional services

 

 

253

 

 

 

189

 

Accrued interest

 

 

416

 

 

 

58

 

Accrued property taxes

 

 

44

 

 

 

60

 

Accrued monitoring fee

 

 

373

 

 

 

373

 

Other

 

 

264

 

 

 

147

 

Other current liabilities:

 

 

 

 

 

 

Income tax payable

 

 

459

 

 

 

1,586

 

Sales tax payable

 

 

229

 

 

 

71

 

Unbilled lost-in-hole revenue

 

 

8

 

 

 

76

 

Deferred revenue

 

 

675

 

 

 

1,042

 

Total accrued expenses and other current liabilities

 

$

7,863

 

 

$

10,579